IRS data retrieval

<p>It keep saying that the information i've imputed is wrong. I've check dozens time, going so far as making sure the punctuation and capitalization are all correct, but when i submit, it still say that it is wrong.</p>

<p>Did you owe money? If so, when did you pay? Anyone who owes money will not get their return processed until they pay (regardless of when they filed) and it could take 2-4 weeks after that time before the data will be available for retrieval.</p>

<p>no, we don’t own any money</p>

<p>So how long ago did you file? It still takes 2-4 weeks at minimum to have the data available.</p>

<p>filed back in Feb. electronically</p>

<p>If you filed that long ago then something else is the problem. Have you tried requesting a tax transcript?</p>

<p>[Order</a> a Transcript](<a href=“Get Transcript | Internal Revenue Service”>Get Transcript | Internal Revenue Service)</p>

<p>See if that is successful and if so, I would contact the IRS about the retrieval.</p>

<p>We paid S’s taxes about 6 weeks ago and still cannot do data retrieval and his taxes do not show as “processed” on the IRS site.</p>

<p>I’m wondering when/if we’ll ever be able to do data retrieval for our personal taxes which just got paid on April 17.</p>

<p>My son filed electronically last Feb, his check for taxes due was cashed a week later, and his return still has not been processed. Our taxes were filed at the same time and we were able to use the tax tool 3 weeks after our payment was accepted. Still not sure what the difference is, but it could be because he is a first-time filer and his return takes longer to process. IRS has been spectacularly unhelpful, with a different answer every time I call. Don’t know if that helps, but I DO share your pain!</p>

<p>I have the same problem and called the federal processor. They said that, as of April 16, the feds have informed the schools that a signed copy of the tax return should be used for verification in these cases. This is the letter and he said to tell the school to check their April 16th “Dear Colleague” email that was sent to all of them. </p>

<p>[IFAP</a> - Dear Colleague Letters](<a href=“http://www.ifap.ed.gov/dpcletters/GEN1207.html]IFAP”>http://www.ifap.ed.gov/dpcletters/GEN1207.html)</p>

<p><a href=“http://www.ifap.ed.gov/dpcletters/attachments/GEN1207.pdf[/url]”>http://www.ifap.ed.gov/dpcletters/attachments/GEN1207.pdf&lt;/a&gt;&lt;/p&gt;

<p>Publication Date: April 16, 2012
DCL ID: GEN-12-07 </p>

<p>Subject: Acceptable Documentation for Verification</p>

<p>Summary: This letter updates the guidance provided to institutions concerning the documentation they must obtain to verify income and tax information.</p>

<p>Dear Colleague:</p>

<p>As of mid-April 2012, over two million students and parents have successfully used the IRS Data Retrieval Tool, making the 2012-2013 FAFSA verification process easier and quicker for them and reducing the administrative burden on thousands of institutions. In addition, hundreds of thousands more applicants have received and submitted to their schools IRS Tax Return Transcripts. As the April tax deadline approaches, we are aware that some students and families may not be able to immediately use the FAFSA-IRS Data Retrieval Tool or to obtain IRS Tax Return Transcripts needed to complete the verification process primarily because of the large volume of tax returns coming in at this time of year.</p>

<p>In the limited set of cases where an aid applicant, who has filed a tax return and attempted unsuccessfully to use the IRS Data Retrieval Tool or to obtain IRS Tax Return transcripts, needs a timely alternative for meeting the 2012-2013 verification requirements, institutions may, until July 15, 2012, use a signed copy of the relevant (i.e., applicant, spouse, or parent) 2011 IRS Tax Return (Form 1040, 1040A, or 1040EZ, as appropriate) as acceptable verification documentation for the 2012-2013 award year.
After July 15, 2012, institutions must comply with the acceptable documentation requirements included in the July 13, 2011 Federal Register notice and in DCL GEN-11-13.
The Department will require some institutions to obtain verification documentation in compliance with the current acceptable documentation requirements for a sample of the institution’s students whose information was verified using a paper copy of a tax return.
As noted, more than two million applicants and parents have successfully used the IRS Data Retrieval Tool to directly transfer IRS information into their FAFSA, vastly simplifying the process of applying for financial aid. Consequently, it remains important for institutions to communicate to all applicants that using the tool – either when initially completing a FAFSA or by using the corrections functionality of FAFSA on the Web – provides them with the fastest, easiest, and most secure solution for meeting verification requirements.</p>

<p>We remain committed to our goal of enhancing the verification process and will continue to work with the financial aid community toward that goal.</p>

<p>Sincerely,</p>

<p>David A. Bergeron
Deputy Assistant Secretary for
Policy, Planning, and Innovation
Office of Postsecondary Education
Attachments/Enclosures:Delete ReplyReply ForwardMovePrint Actions NextPrevious</p>

<p>Finally was able to use the retrieval for my son. He was a first time filer. We e-filed back In February but he owed money so we indicated the funds were to be withdrawn on 04/13. Exactly four weeks later (5/11) I could use the retrieval. The IRS did not process returns for anyone who owes money until the date they paid regardless to when they filed and it takes 2-4 weeks for the processing. Lesson learned for next year. ;)</p>

<p>You have to be very careful with the address it has to be exact, including abbreviations the IRS uses. I used a document they sent me for the exact address thats when it finally went through. Also, if you get to the local office first thing in the morning, first few in line, you can usually get out of there in about 15 minutes with your transcript. Don’t send the original make a copy for the school.</p>

<p>We also filed in early february owing money. I was told last week by an IRS phone rep that our return would be available for data retrieval or transcript tomorrow (5/14). We shall see; twould not be the first time I’ve received incorrect information from IRS. :-(</p>

<p>I bet it works for you! My son also e-filed in early February owing money. I was finally able use the tax transfer today. His check was cashed by the IRS in February, so I think the reason for the delay (for us, anyway) had to do with the first-time filer status. It infuriates me to think of all the time I’ve wasted on this … if the IRS was a business, it would be bankrupt in a year.</p>